Did you ever read something fro a governmental agency that you’re sure says something, but then again, it’s not quite clear what it says?
Property owners in La Costa Valley and beyond should have received a mailing from the SDUHSD entitled “Community Information Session” and District Facilities Action Plan Overview of Process.
Reading between the lines, as they talk about a “multi-step analysis of all District sites and facilities” this certainly involves the vacant property in La Costa Valley.
More information is promised on the SDUHSD.NET website.
If you’re interested, attend the meeting at Oak Crest Middle School’s Crest Hall on June 23rd at 6pm.
However, think about it. What would you do with an extra $5,000 and $800 per year?
If, for some reason, the SDUHSD followed the original terms of the Mello-Roos Bond, yet sold the vacant property in La Costa Valley, they’d be obligated to pay the bond back. (Okay, you lawyers and finance types that know how to read bond-speak can sift through this and confirm or deny)
The middle school currently serving La Costa Valley kids in grades 7 and 8 is Oak Crest. It is part of the San Dieguito Union High School District (SDUHSD).
Enrollment has grown by less than 1% per year for the last 10 years. This is based on the most recent data from the U.S. Department of Education’s Center for Education Statistics. The following chart was created from that data by SchoolDigger.com.
Other middle schools are in nearby Encinitas and Carlsbad.
There is no current lawsuit about the vacant land owned by the school district.
On some questions, there may be as many opinions as neighbors. Some neighbors may believe it’s worth risking legal action to prevail over the school district, developers, or whoever is at fault for not building a middle school as advertised. Others may be concerned that any legal action will have a negative effect on property values.
What is your opinion?
Check back for the sentiments of other La Costa Valley homeowners.
In a special meeting of the SDUHSD board of directors, among other matters, they discussed what would happen to their bond obligations if they sold the La Costa Valley middle school property for private use (not developing a school on the site.)
The board briefly discussed the “Extraordinary Pre-Payment” provision in the event of the sale of the La Costa Valley sitefor private use. Mr. Sohaili explained that the Authoritywould be obligated to use a portion of sales proceed to redeem bonds in the amount of the original purchase price($5.8 million) plus a portion for “private use” as defined by anIRS formula.
Either this La Costa Valley resident has been involved in more than one organization on this matter, or CHPLCV was a prior organization?
In either case, he made a public comment in a June 26, 2007 SDUHSD meeting.
<i>Public Comments
Mr. Leonard Steinberg, a representative of the Concerned Homeowners Protecting La Costa Valley Organization and community member, approached the Board about the current status of, and the district’s intentions pertaining to, the La Costa Valley property and requested that the district provide opportunity for an open discussion meeting in the near future. </i>
